Settings8H · net · $10k
Funding arb · Price arb /

IBM

RWAall IBM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against Gate+0.014%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 7 days+0.013%+$1 · spread now +0.014%, 7d avg +0.008%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IBM_USDT232.240get 0.0000% / 8h1h 46m$752K$1.5M50x
ShortBinance IBMUSDT232.270get 0.0000% / 8h1h 46m$3.8M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.014% → +0.008%
$0.55
Slippage, 4 orders
−$22.85
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.3
Costs to cover
0.478%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago2.58 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.65 bp8.5 bp −$836.3 bp −$363147.9 bp −$14.8Kdoesn't fit

IBM on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IBM-USDT−0.0011%8h232.29+0.022%$47K$56K20xas long as short
Aster IBMUSDT0.0000%8h232.20−0.015%$13K$127K20xas long as short
Extended IBM-USD0.0000%1h232.22−0.009%$57K$238K10xas long as short
Binance IBMUSDTshort0.0000%8h232.27+0.014%$3.8M$5.5M20x
Bybit IBMUSDT0.0000%8h232.12−0.052%$1.0M$356K50xas long as short
OKX IBM-USDT-SWAP0.0000%8h232.14−0.043%$1.4M$1.2M20xas long as short
Gate IBM_USDTlong0.0000%8h232.24long leg$752K$1.5M50x
Bitget IBMUSDT0.0000%8h232.22−0.009%$780K$343K20xas long as short
Variational Omni IBM0.0000%8h232.31+0.029%$257K$13Kas long as short
GRVT IBM_USDT_Perp0.0000%8h232.29+0.022%$834$164K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IBM-USDT0.0000%8h232.07−0.073%$1K$472K10xas long as short
HTX IBM-USDT0.0000%8h232.45+0.090%$6K$33K20xas long as short
Lighter IBM+0.0032%1h232.26+0.009%$38K$48K10xas long as short
Injective IBM/USDC PERP+0.0033%1h201.05−13.430%$5712xas long as short
Vest IBM-USD-PERP+0.0046%1h232.04−0.086%25xas long as short
QFEX IBM-USD+0.0049%1h232.17−0.030%$1.2M$2.1M10xas long as short
tradeXYZ xyz:IBM+0.0050%1h232.03−0.090%$1.8M$817K10xas long as short
KuCoin IBMUSDTM+0.0100%8h232.17−0.030%$194K$44K20xas long as short